Quote:
Originally Posted by iEatClams
I honestly don't understand how people can say it's not foreign money. Almost everyone I know says foreign money plays a huge role. It's a trickle down effect.
I'm not even saying it's a bad thing, as I think it's a good thing. I just want restrictions so it doesn't get out of hand or taxes so that we can capitalize on it better.
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Because it's not convenient to the narrative that Metro Vancouver is no different from other markets and that Metro Vancouver is in general, a shitty place to live and develop your career.
It's naive to believe that foreign money doesn't have an influence here. As I've said before, it's trickled down to all aspects of life in Metro Vancouver. The fancy cars that no person under the age of 30 has business driving, the fact that Mandarin is the lingua franca of Burnaby-Metrotown and Richmond, the rise of anything French in the culinary scene, the expansion of retail luxury stores, etc.